Sunday, June 12, 2011

Gas prices are too low

General Motors CEO Dan Akerson thinks the federal government should raise gas taxes by as much as $1 per gallon. He thinks this would make customers more receptive to smaller more fuel-efficient vehicles.

According to the Detroit News:
A government-imposed tax hike, Akerson believes, will prompt more people to buy small cars and do more good for the environment than forcing automakers to comply with higher gas-mileage standards.
Translation: "If we're going to be forced to build cars we can't sell. Consumers should be forced to buy them."

GE already accomplished this with CFLs, so why not give it a try?

Anybody else see a problem with Government Motors petitioning the government for a tax hike?

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